Dropbox Q2 2021 Earnings Report
Key Takeaways
Dropbox announced strong second-quarter results, with revenue reaching $530.6 million, a 13.5% increase year-over-year. The company reported significant growth in GAAP and non-GAAP operating income, alongside a rise in paying users and average revenue per paying user. Free cash flow also reached a record $216.0 million.
Total revenue was $530.6 million, up 13.5% year-over-year.
Total ARR reached $2.166 billion, an increase of 12.2% year-over-year.
Paying users totaled 16.14 million, compared to 14.96 million in the same period last year.
Free cash flow was $216.0 million, compared to $119.8 million in the same period last year.
Dropbox
Dropbox
Forward Guidance
Dropbox will provide forward-looking guidance in connection with this quarterly earnings announcement on its conference call, webcast, and on its investor relations website